Investment counselors have sounded the clarion call throughout years and decades past: When thinking about retirement – when simply saving and investing their well-earned money – people should strive to diversify.

Diversification as an investment strategy means that if one investment vehicle essentially blows a tire, other parts of a person's portfolio are still – theoretically – going strong, or at least are not going totally flat.

And diversification applies whether in investments or annuity providers.

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